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31 May
10:57

Bekaert sees uncertain wire market ahead

A challenging market environment is forecast to persist this year with demand and prices uncertain, Belgian wire specialist Bekaert says in its first-quarter earnings report monitored by Kallanish. The company describes a difficult Q1 trading landscape, with lower consumption across its range of products, and foresees a slowing mining sector in the second half of 2023. In the first three months of the year, it achieved sales of €1.4 billion ($1.49 billion), r…
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